Reuters, 24 Dec 2008, Saeed Azhar
SINGAPORE, Dec 24 (Reuters) - Oil rig-maker Sembcorp Marine (SCMN.SI) said on Wednesday it had agreed with BNP Paribas (BNPP.PA) to settle a $50.7 million dispute stemming from botched foreign currency trades at its Singapore unit last year.
Sembcorp said in a statement it would take a charge of about $30 million in the fourth quarter following the settlement.
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